Musk pledges SpaceX shares to every US child
AgenciesElon Musk pledged to give one share of his company SpaceX to “every kid in America” next year.The offer arrived a day after artificial intelligence company Anthropic announ...
Elon Musk announced plans to give one share of SpaceX to every child in the United States next year. This pledge came shortly after artificial intelligence company Anthropic announced it would dedicate 5% of its shares to a new "public benefit" fund. Musk suggested providing the shares directly to the public. While SpaceX's shares currently trade at $146.03 per share, with around 73 million children under 18 in the U.S., Musk's pledge would be worth approximately $10.66 billion.
Anthropic's CEO, Dario Amodei, and five other founders established the company as a public benefit corporation, aiming to balance financial success with social impact. The company plans to go public in November, and SpaceX debuted on Wall Street in June, making Musk the world's first trillionaire. However, SpaceX shares have since dropped 35.3% since the IPO, leaving Musk as a billionaire.
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